Payden Floating Rate Manager Performance
The fund holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Payden Floating are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Payden Floating Rate has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Payden Floating is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Payden Floating Relative Risk vs. Return Landscape
If you would invest (100.00) in Payden Floating Rate on September 4, 2024 and sell it today you would earn a total of 100.00 from holding Payden Floating Rate or generate -100.0% return on investment over 90 days. Payden Floating Rate is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Payden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Payden Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden Floating's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Payden Floating Rate, and traders can use it to determine the average amount a Payden Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Payden Floating is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Payden Floating by adding Payden Floating to a well-diversified portfolio.
Things to note about Payden Floating Rate performance evaluation
Checking the ongoing alerts about Payden Floating for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Payden Floating Rate is not yet fully synchronised with the market data | |
| Payden Floating Rate has some characteristics of a very speculative penny stock |
- Analyzing Payden Floating's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Payden Floating's stock is overvalued or undervalued compared to its peers.
- Examining Payden Floating's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Payden Floating's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden Floating's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Payden Floating's mutual fund. These opinions can provide insight into Payden Floating's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in Payden Mutual Fund
If you are still planning to invest in Payden Floating Rate check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Payden Floating's history and understand the potential risks before investing.
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